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Answer

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Step 1:
I'll solve this step by step using fraction simplification techniques:

Step 2:
: Set up the initial fraction

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Step 3:
: Find the greatest common factor (GCF) of 8 and 240

- Factors of 8: 1, 2, 4, 8 - Factors of 240: 1, 2, 3, 4, 5, 6, 8, 10, 12, 15, 16, 20, 24, 30, 40, 48, 60, 80, 120, 240 - The greatest common factor is 8

Final Answer

The answer is b) \frac{1}{30}